IEA says Russia fulfills OPEC plus deal terms by 83% in May - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

IEA says Russia fulfills OPEC plus deal terms by 83% in May

Neft05MOSCOW, Jun 13 (PRIME) -- RussiaТs May production of liquid hydrocarbons have decreased by 250,000 barrels daily to 11.35 million barrels since October 2016, when an OPEC+ reduction deal came in force, meeting the terms of the agreement by 83%, the International Energy Agency (IEA) said in a report on Wednesday.

In April, Russia also fulfilled the terms of the deal by 83%, and compliance has amounted to 81% on average since the start of 2017.

The Russian Energy Ministry and the OPEC secretariat earlier warned that the IEA and OPEC use different calculation methods.

End

13.06.2018 12:10
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 71.9654 +0.0023 22 may
USD 64.5372 +0.0484 22 may
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1279.12 +1.82 18:50 21 may
micex 2616.53 +1.75 18:50 21 may
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 207.80 +3.49 18:49 21 may
lkoh 5300.00 +2.46 18:49 21 may
rosn 415.95 +1.90 18:47 21 may
sber 232.71 +2.97 18:49 21 may
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 71.9225 -0.0725 14:59 21 may
USDTD 64.4375 -0.3225 17:44 21 may